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Byline: Juan Carlos Arancibia
Phillips-Van Heusen found support at its 10-week moving average following a Jan. 10 breakout and is about 2% from a 52-week high.
The maker of dress shirts and other apparel on Jan. 10 raised its earnings forecast for the January-ending quarter. The company -- citing a strong holiday season in its wholesale, retail and Calvin Klein licensing businesses -- expects EPS of 35 cents to 37 cents a share. In November, it forecast 28 cents.
Phillips-Van Heusen has a three-year EPS growth rate of 20%. Its earnings growth, at a triple-digit pace in late 2004 and early '05, was up 54% ...